GILLET Xavier: what changed
GILLET Xavier
Largest movements
- Receivables within one year -€95,555
down €95,555 (-62.9%), from €151,909 to €56,354
of which Trade receivables: -€87,083
- Cash +€48,819
up €48,819 (+47.8%), from €102,198 to €151,017
mainly Receivables within one year (+€95,555) and Other debts (+€36,747)
- Tangible fixed assets -€11,625
down €11,625 (-13.3%), from €87,538 to €75,913
of which Furniture and vehicles: -€11,868
- Stocks and contracts -€4,553
down €4,553 (-20.2%), from €22,583 to €18,030
- Trade debts -€63,236
down €63,236 (-82.5%), from €76,667 to €13,431
- Profit (loss) carried forward -€50,000
down €50,000 (-81.7%), from €61,164 to €11,164
- Other debts +€36,747
up €36,747 (+37.4%), from €98,229 to €134,977
- Reserves +€17,506
up €17,506 (+58.4%), from €30,000 to €47,506
- Debts after one year -€17,359
down €17,359 (-32.7%), from €53,150 to €35,791
- Gross operating margin -€51,626
down €51,626 (-52.1%), from €99,080 to €47,453
- Taxes -€12,812
down €12,812 (-64.0%), from €20,027 to €7,215
- Depreciation +€2,933
up €2,933 (+27.4%), from €10,724 to €13,657
- Financial charges +€2,129
up €2,129 (+45.1%), from €4,719 to €6,848
- Other operating charges -€1,280
down €1,280 (-36.5%), from €3,508 to €2,228
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €366,060 | €301,571 | -€64,490 | -17.6% |
| Fixed assets | 21/28 | €87,538 | €75,913 | -€11,625 | -13.3% |
| Tangible fixed assets | 22/27 | €87,538 | €75,913 | -€11,625 | -13.3% |
| Land and buildings | 22 | €35,000 | €35,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,712 | €1,955 | +€243 | +14.2% |
| Furniture and vehicles | 24 | €50,826 | €38,958 | -€11,868 | -23.4% |
| Current assets | 29/58 | €278,523 | €225,658 | -€52,865 | -19.0% |
| Stocks and contracts in progress | 3 | €22,583 | €18,030 | -€4,553 | -20.2% |
| Stocks | 30/36 | €22,583 | €18,030 | -€4,553 | -20.2% |
| Amounts receivable within one year | 40/41 | €151,909 | €56,354 | -€95,555 | -62.9% |
| Trade receivables | 40 | €134,003 | €46,919 | -€87,083 | -65.0% |
| Other amounts receivable | 41 | €17,906 | €9,434 | -€8,472 | -47.3% |
| Cash at bank and in hand | 54/58 | €102,198 | €151,017 | +€48,819 | +47.8% |
| Deferred charges and accrued income | 490/1 | €1,833 | €257 | -€1,576 | -86.0% |
| Total equity and liabilities | 10/49 | €366,060 | €301,571 | -€64,490 | -17.6% |
| Equity | 10/15 | €109,764 | €77,271 | -€32,494 | -29.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,000 | €47,506 | +€17,506 | +58.4% |
| Distributable reserves | 133 | €30,000 | €47,506 | +€17,506 | +58.4% |
| Profit (loss) carried forward | 14 | €61,164 | €11,164 | -€50,000 | -81.7% |
| Amounts payable | 17/49 | €256,296 | €224,300 | -€31,996 | -12.5% |
| Amounts payable after more than one year | 17 | €53,150 | €35,791 | -€17,359 | -32.7% |
| Financial debts | 170/4 | €53,150 | €35,791 | -€17,359 | -32.7% |
| Amounts payable within one year | 42/48 | €195,965 | €165,767 | -€30,198 | -15.4% |
| Current portion of amounts payable after more than one year | 42 | €16,791 | €17,359 | +€567 | +3.4% |
| Trade debts | 44 | €76,667 | €13,431 | -€63,236 | -82.5% |
| Suppliers | 440/4 | €76,667 | €13,431 | -€63,236 | -82.5% |
| Taxes, remuneration and social security | 45 | €4,277 | - | -€4,277 | |
| Taxes | 450/3 | €4,277 | - | -€4,277 | |
| Other amounts payable | 47/48 | €98,229 | €134,977 | +€36,747 | +37.4% |
| Accrued charges and deferred income | 492/3 | €7,181 | €22,742 | +€15,561 | +217% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,724 | €13,657 | +€2,933 | +27.4% |
| Other operating charges | 640/8 | €3,508 | €2,228 | -€1,280 | -36.5% |
| Gross operating margin | 9900 | €99,080 | €47,453 | -€51,626 | -52.1% |
| Operating profit (loss) | 9901 | €84,848 | €31,568 | -€53,279 | -62.8% |
| Financial income | 75/76B | €4 | €0 | -€4 | -98.0% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -98.0% |
| Financial charges | 65/66B | €4,719 | €6,848 | +€2,129 | +45.1% |
| Recurring financial charges | 65 | €4,719 | €6,848 | +€2,129 | +45.1% |
| Profit (loss) for the period before taxes | 9903 | €80,133 | €24,721 | -€55,413 | -69.2% |
| Income taxes | 67/77 | €20,027 | €7,215 | -€12,812 | -64.0% |
| Profit (loss) for the period | 9904 | €60,106 | €17,506 | -€42,600 | -70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €60,106 | €17,506 | -€42,600 | -70.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.